Law · Limitation Act, 1963
Under the Limitation Act, 1963, an acknowledgment of liability made after the expiration of the prescribed period for a suit or application:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Is of no effect and cannot revive the limitation period✓
- 2Gives rise to an independent and enforceable contract under all circumstances
- 3Allows the court to extend limitation automatically
- 4Is valid if written on a non-judicial stamp paper
Correct answer
Is of no effect and cannot revive the limitation period
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